-
What is blockchain network congestion?
Blockchain network congestion refers to a situation where the number of transactions exceeds the network’s capacity, resulting in processing delays. When there are more pending transactions than the network can handle, blockchain networks get congested. Limited block sizes and the length of time required to construct a new block are the causes of this issue. Transactions are delayed, and users notice slower processing times when the volume of transactions exceeds the network’s capacity to confirm them quickly. The release of BRC-20 tokens on the Bitcoin blockchain led to a rapid increase in transactions, ... (full story)